New Books in Economics cover image

Joshua Preiss, "Just Work for All: The American Dream in the 21st Century" (Taylor & Francis, 2020)

New Books in Economics

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The Smith and Well Ordered Society

In your book, you draw a distinction between what you call a smithiand well ordered society and our current condition of a winner take all society. Can you describe what you mean by these two terms and the consequences for seemingly having adopted one version over the other? Ahiqued: We're looking less and less like the smithy and welder society. I don't particularly enter into debate about whether or not this is an ideally just society. But one thing that is sort of positive about it is, again, thi this widely shared growth leads to comparable gains.

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